KARMØY ELEKTROMARKED AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

−38,81 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 434 000	9 999 000	10 601 000	10 071 000
Net Income	−248 000	−439 000	−11 000	−611 000
Total Assets	3 788 000	4 352 000	4 126 000	3 671 000
Total Equity	639 000	647 000	751 000	470 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 434 000	9 999 000	10 601 000	10 071 000
Expenditure	9 694 000	10 510 000	10 573 000	10 809 000
Operating Profit	−260 000	−510 000	28 000	−737 000
Financial Income	0	0	0	0
Financial Costs	56 000	51 000	42 000	45 000
Financial Balance	−56 000	−51 000	−42 000	−45 000
Earnings Before Tax	−316 000	−561 000	−14 000	−782 000
Tax	−68 000	−122 000	−3 000	−172 000
Net Income	−248 000	−439 000	−11 000	−611 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	241 000	187 000	156 000
Total Current Assets	3 540 000	4 111 000	3 939 000	3 515 000
Total Assets	3 788 000	4 352 000	4 126 000	3 671 000
Total Retained Equity	−818 000	−570 000	−132 000	−121 000
Total Equity	639 000	647 000	751 000	470 000
Total Long-Term Debt	277 000	419 000	287 000	316 000
Total Current Debt	2 872 000	3 286 000	3 088 000	2 885 000
Total Equity and Debt	3 788 000	4 352 000	4 126 000	3 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 430 000	9 958 000	10 575 000	10 031 000
Other Income	3 000	41 000	26 000	40 000
Revenue	9 434 000	9 999 000	10 601 000	10 071 000
Cost of Goods Sold	6 204 000	6 925 000	7 158 000	6 954 000
Salary Costs	1 806 000	1 857 000	1 733 000	2 192 000
Depreciation	75 000	57 000	40 000	46 000
Impairment	0	0	0	0
Expenditure	9 694 000	10 510 000	10 573 000	10 809 000
Operating Profit	−260 000	−510 000	28 000	−737 000
Financial Income	0	0	0	0
Financial Costs	56 000	51 000	42 000	45 000
Financial Balance	−56 000	−51 000	−42 000	−45 000
Dividends	0	0	0	0
Net Income	−248 000	−439 000	−11 000	−611 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	40 000	12 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	121 000	84 000	28 000	47 000
Fixtures	88 000	118 000	148 000	19 000
Total Tangible Assets	208 000	202 000	176 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	248 000	241 000	187 000	156 000
Stock	2 745 000	3 025 000	3 100 000	2 924 000
Total Investments	0	0	0	0
Cash, Bank	72 000	330 000	105 000	106 000
Total Current Assets	3 540 000	4 111 000	3 939 000	3 515 000
Total Assets	3 788 000	4 352 000	4 126 000	3 671 000
Total Equity	639 000	647 000	751 000	470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	277 000	419 000	287 000	316 000
Creditors	411 000	707 000	987 000	919 000
Unpaid Taxes	271 000	356 000	254 000	234 000
Dividends	0	0	0	0
Other Current Debt	1 990 000	2 222 000	1 725 000	1 656 000
Total Current Debt	2 872 000	3 286 000	3 088 000	2 885 000
Total Equity and Debt	3 788 000	4 352 000	4 126 000	3 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,81 %	−67,85 %	−1,46 %	−130 %
Debt-to-Equity Ratio	0,43	0,65	0,38	0,67
Operating Profit Margin	−2,76 %	−5,1 %	0,26 %	−7,32 %
Current Ratio	1,23	1,25	1,28	1,22
Quick Ratio	27,87	15,75	−328,25	−90,13
Equity Ratio	0,17	0,15	0,18	0,13
Gross Profit Margin	34,24 %	30,74 %	32,48 %	30,95 %